ArmInfo. Russia's refusal to transfer the concession management rights of Armenia's railway creates obstacles for the country's integration into the international transport network, as stated by Armenian Prime Minister Nikol Pashinyan during a press briefing on August 13.
Pashinyan noted that Armenia wants to find a friendly solution with Russia to mutually align each other's interests and reach compromises. Such a compromise, according to the head of government, could include the partial or full sale of concession rights, or specific shareholder configurations where ownership distribution would not impede Armenia's historic opportunity to integrate into global logistics.
The Prime Minister emphasized that he has nothing against a Russian company managing the Armenian railway and respects Russia's interests, but pointed out that the current situation creates barriers for Armenia. Specifically, he explained that countries heavily reliant on international logistics services see no investment appeal in Armenia.
"We offer them the opportunity to consider the opportunities that exist, but they avoid doing so. It becomes clear that the problem is our railway being under Russian concession management. In other words, we have no problem with Russia our problem is with the situation," the prime minister attempted to explain.
